BionicBoy,
Typically, the profit in selling at $0.25 comes if you are a broker who has taken stock in the placement and been paid the fee of presumably 5%.
That is what happens in a lot of placements if less reputable brokers get involved but I am not saying that is the case in this instance, just illustrating what can happen and how you can still make money by selling shares at the placement price.
who wants them at 25 cents???, page-18
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